6 ways outdated software puts your business at risk | Enable

▤ Summary

For example, modern finance teams often stick to their old ERP software to manage rebates because they fear the cost of upgrading to a new system or are stuck in their ways. Outdated software runs slower, takes longer to execute tasks, and requires much more time-consuming maintenance, updates and helpdesk calls than its newer counterparts. Your team will start to get frustrated because the tools or applications are currently getting in the way of them getting the job done and they have to waste time waiting for any issues to be fixed. That lost support means your vendor isn’t investing in developing bug patches or improving security on your outdated software platform. Unpatched software is more at risk for attacks and automated scanning bots that could put your sensitive company data in the wrong hands.

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